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Descriptive Statistics
N Mean
age 20 31.55
Valid N (listwise) 20
b. What is the average salary difference of a person with only a diploma vs one with a Master's degree?
Descriptives
anual_income
N Mean
highschool 2 1.50E4
primary 6 1.55E4
diploma 6 3.60E4
degree 4 7.00E4
master 2 7.75E4
Total 20 3.87E4
c. Does age affect the salary of someone with a diploma? Please justify in mathematical terms
Yes it does, but yearly income increase is difference between male and female respectively.
Male
Income difference
Highest income – lowest income
36000 – 30000 = 6000
Age difference
Highest age – lowest age
35 – 25 = 8
Yearly income increase
600/8 = 750
37000
35000
34000
33000
annual Series1
income
32000 Linear (Series1)
31000
30000
29000
0 5 10 15 20 25 30 35
age
Figure 1
𝒚 = 𝒎𝒙 + 𝒄
Y = annual income
M = gradient value
X = age value
C = y intercept
(36000−30000)
M=
(33−25)
= 750
30000 = 750(25) + c
C = 11250
Y = 750x + 11250
Female
Income difference
Highest income – lowest income
45000 – 33000 = 12000
Age difference
Highest age – lowest age
47 – 39 = 8
Yearly income increase
12000/8 = 1500
50000
40000
35000
30000
25000 Series1
15000
10000
5000
0
0 10 20 30 40 50
Figure 2
𝒚 = 𝒎𝒙 + 𝒄
Y = annual income
M = gradient value
X = age value
C = y intercept
(45000−33000)
M=
(47−39)
= 1500
33000 = 1500(39) + c
C = 25500
Y = 1500x + 25500
From the result both male and female diploma holders it show that if age increase amount of annual
income also increase .The equation show that X (age) increase Y (annual income) also increase.
𝒚 = 𝒎𝒙 + 𝒄
d. How much do you think a diploma holder will be earning at the age of 40? Please share your hypothesis &
the calculations that lead to that outcome
50000
45000
y = 600x + 15000
40000
35000
30000
annual
income 25000 Series1
20000 Linear (Series1)
15000
10000
5000
0
0 10 20 30 40 50
age
Figure 3
Graph show annual income of diploma holder both male and female.
Hypothesis
𝒚 = 𝒎𝒙 + 𝒄
Y = annual income
M = gradient value
X = age value
C = y intercept
(42000−30000)
M=
(45−25)
= 600
30000 = 600(25) + c
C = 15000
Y = 600x + 15000
Age = 40
=39000
e. What kind of phone do you think someone who earns RM 5,000 & above per month will possess? Kindly
advise on your assumptions, and the calculations you considered
1
2
140000 3
4
120000 5
6
100000 7
8
9
80000
annual 10
income 11
60000 12
13
40000 14
15
20000 16
17
18
0
19
0 5 10 15 20 25 20
subject
Figure 4
Scatter plot show annual income vs. subject case to show that which phone someone with
annual income 5 000 & above will posses.
The data case study show all subject annual income are above 5 000 as that happen scatter plot
will show us what kind phone subject case study posses with annual income as parameter to see
what kind phone subject case study posses.
Linear line will divide scatter plot into 2 hemispheres upper and lower respectively.
Upper hemispheres have 6 scatter dots whereas lower hemispheres have 14 scatter dots.
From result above we can say that type phone that case study subject posses is mark with red
strip.
f. If we wanted to introduce the concept of employability in the mix, what kind of additional data would you
factor into your calculations